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Jakarta, Pintu News – A brief announcement from Cardano’s founder has sparked widespread speculation regarding the launch of the Midnight token claim portal scheduled for early August. The message also alludes to another major update relating to the Glacier Drop snapshot.
Check out the full information in this article!
A message posted by Cardano’s founder on social media has opened a space for speculation among the crypto community. While there has been no official confirmation, many believe that this is a hint for the launch of the Midnight token claim portal.
According to Crypto Times, the portal is expected to begin distribution of 24 billion NIGHT tokens, whose initial value is estimated at $0.41 per token. If these speculations are true, the launch of NIGHT tokens could be one of the pivotal moments in Cardano’s history.
With an even distribution of tokens to Cardano (ADA) holders and also to holders of other cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), this could be a big step towards cross-chain integration.
Also read: Crypto Billionaire Adam Weitsman Acquires Over 5,000 NFTs from Yuga Labs!
This upcoming airdrop is not only important for Cardano (ADA) holders but also for the crypto ecosystem as a whole. By allocating half of the total NIGHT tokens to ADA holders and the rest to holders of other cryptocurrencies, it marks an important milestone in cross-chain integration.
Experts believe that this could be a turning point for the adoption of privacy and multi-chain integration in Web3. If NIGHT manages to achieve high adoption and demand, it could potentially break into the top 20 tokens in the market, changing the competitive map in the crypto industry.
Read also: Linea Launches Auto-Stake Feature for Brokered ETH, What’s the Future Project Like?
Charles Hoskinson, founder of Cardano, has responded to criticism that he is hindering Cardano’s progress. Hoskinson emphasized the growing momentum of the Midnight project and pointed out the interest from Wall Street in this privacy project. He emphasized his commitment to the long-term vision of Cardano and Midnight.
Hoskinson also asserts that Midnight’s strong traction before launch is a testament to its significance in the Cardano ecosystem. He confidently deflected doubts, pointing out that the project has great potential for the future.
With all the speculation and potential in place, the crypto investment community is now eagerly awaiting confirmation and further details regarding the launch of the NIGHT token. Whether this will accelerate the anticipated debut or follow the established schedule, only time will tell.
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